Board vs Franchises

“There’s no threat to the league. One franchise has already submitted a million dollars and a check for remaining amount, I am hopeful that the other franchises would do that as well,” Mani said, adding that the board still had the option of cashing out the bank guarantee in case of any franchise failed to meet the deadline.

When asked about the franchises’ reservations on the revenue share from broadcasting and sponsorship deals, PCB chief said: “We are fully aware of franchises’ concerns, and we will respond after reviewing them in a board meeting.”